More than half the wage earners currently working in the hospitality business are planning to quit by Jan. 1, according to new research.
Among the 25% of former hospitality workers who said they’re done with restaurants, bars and hotels, the leading source of their dissatisfaction was low pay (cited by 56%). The other most frequent triggers for departures were a desire for a new career (50%), a lack of benefits (39%), difficult customers (38%), long hours and rigid schedules (34%) and potential exposure to coronavirus (23%).”
oee
2 years ago
Maybe, they should…raise wages. I was old to remember that we were told by cutting the unemployment benefits , the unemployed would go back …to work. Where are the jobs?
I also remember that robots would start to flip hamburgers and make pizzas. Also, self checkout cashier lanes would eliminate jobs. ; Self check out kioks would do the same. AI would eliminate white collar jobs. Driverless trucks would eliminate truck driving trucks.
Inquiring minds want to know why then Small Business have a heck of a time of …filling those jobs?
RonJ
2 years ago
The L.A. County Sheriff is not going to enforce the Covax mandate, as he says he will lose 10% of his work force.
Siliconguy
2 years ago
Thank you Mish for calling out the “qualified” part of the complaint. Employers want to pay entry level wages for people with five years of experience. For them that is a wonderful thing. So the question is how long until they give up their dream and hire an actual entry level person.
As an aside, my brother is working 12 hour shifts for seven days at a time. His company refuses to hire more workers, as paying the overtime is cheaper. They must not expect the current rush to last. Or they are hoping people die of overwork before they have to pay out the pension. I hope I’m joking about that last.
TLinFL
2 years ago
That don’t play in Florida, help wanted signs everywhere for the service industry, unemployment bennies long gone
KidHorn
2 years ago
We’ll find out in today’s jobs report if the enhanced unemployment benefits played a role in this. The first jobs report after many states stopped the benefits. if there’s an upside surprise, it likely played a role.
Casual_Observer2020
2 years ago
Even in good times didn’t something like 80% of small businesses fail within the first 3 years? Seems like a lot of these small businesses were going to fail away. IMO most of them are people that were long term unemployed and decided to start a business with minimal planning and as something to do. This would explain the failure rate.
Six000mileyear
2 years ago
They will get help from those being fired for avoiding COVID vaccination.
Eddie_T
2 years ago
I just remember last year when all the mom & pop business had to close down and lay everybody off…..and yet the payroll numbers didn’t fall all that much.
I’ve read in many places that small businesses provide half the jobs in the country….but apparently the actual payroll amounts from small business is a LOT smaller than from large corporations.
It’s at least partly because of this job divide that people here have pointed out…..we have good jobs that pay well..more maybe than we have applicants….and we have this other type of job…..that can only attract the less educated, the less ambitious, the less intellectually gifted….and the ex-cons, who are now almost unemployable, PERIOD, in this country. That’s not a small group. I’ve read it’s 65 million people.
I’m skeptical of the half anymore. Many of these online businesses are defacto employees of amazon or ebay or etsy. You can say they are small businesses but many of them exist as extensions of larger platforms where they sell stuff. Amazon has something like 900k employees by themselves. This doesnt count the hundreds of thousands of small businesses that sell their stuff on Amazon.
I would guess illegal workers tend to work at small businesses far more frequently than large corporations. They don’t get unemployment.
Webej
2 years ago
?? So what are all these people living off now that the benefits have ended. The shortages seem to be ramping up just as the benefits are ramping down.
Incidentally, my whole life I have been hearing about increasing educational attainment, high bar to entry qualifications, and what not, but all around me I keep seeing people who cannot spell “two/to/too; compliment/complement; wave/waive; etcetera ad nauseum, even PhD’s, and, calculating change without a machine is a bridge too far. Simple competence & reliability have been elevated to professional performance & achievement.
There’s a lag between ending benefits and jobs numbers. In the red states where they ended benefits months ago, there was a jump in employment in the following months relative to the blue states.
PhD’s is possessive, not plural. I get caught by that spell checker idiocy all the time. What’s unfortunate is that people currently in school are going to think the plural has an apostrophe with the s….. You see that all the time, mostly in protest banners which are hand written. Oh well, I was 40 before I learned that the possessive of it is its, not it’s……
Jojo
2 years ago
I still say pay everyone a starting rate of $100/hr and everyone will be happy! Yes?
New York Governor Hochul said she may replace fired unCovaxxed medical workers with national Guard members. Governors should consider calling up the National guard, to fill open small business jobs.
Look at pent-up demand for most goods and services. Add that to ‘normal demand’ for goods and services. The surge might last for a year, then a 50% +/- decline in demand for goods and services.
How much of that surge is due to all the money the Fed is putting into the system. And once Wall Street has to live on its own without Fed support, a lot of us are going to be very sad and spendng a lot less money.
Bungalow Bill
2 years ago
By the way, I love how my governor in Missouri, Governor Mike Parson decided he had enough of these Trump backed redistribution of wealth unemployment benefits ONLY AFTER BIDEN became president. Up until that point, he was quiet. His selecitve outrage to stop this in Missouri was probably more the result of the Biden presidency. I doubt he would have stood up to Trump had Trump gotten a second term and continued the original Trump COVID socialist redistribution benefits.
More likely it took time for many states to realize covid fear is/was way overblown. Better to open up the economy at take the risk.
Bungalow Bill
2 years ago
Funny how so many red state Americans love Trump branded COVID socialism where so much of this redistribution of wealth started. Hell, Trump was so desperate to get elected, he even got his Obama pen out to continue the benefit. And to think, we thought only the Democrats embraced universal basic income…
Is Murica great again thanks to Trump’s push for redistribution fo wealth policies?
In case you didn’t see my reply on a previous post, I will put the link here too. Carl_R is correct – he was a dem when it was advantageous and a repub when it was advantageous. Those are labels that matter much more to the commoners and the media circus, much less to those atop the political/economic class structure (see picture and caption at top of article)-
Funny how so many red state Americans love Trump branded COVID socialism where so much of this redistribution of wealth started. Hell, Trump was so desperate to get elected, he even got his Obama pen out to continue the benefit. And to think, we thought only the Democrats embraced universal basic income…
Is Murica great again thanks to Trump’s push for redistribution fo wealth policies?